The prices in real estate in Barnwell, in the South Carolina region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Barnwell has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $564. In the following month the price per sq.feet increased considerably to $878. The price for the following two months in (April, May) had a considerable decrease of 75 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 8 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $629.25 to $52 during June, and July.
Based upon to the price in Barnwell (cities), this has gone downing the last 6 months. The average price during our first sample month during February, is $890,402. During March the price went through a considerable rise reaching $1,610,664. During the following two months (April, May) the average price had a considerable reduction of 78 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,115,105.5 to $196,633.5, which means a 18 % fall.